Funding round
Wellhub Series A
Wellhub, which works in wellness membership subscription services in New York, raised $8.8M in a Series A round announced on 15 May 2015, at a $29M post-money valuation. 3 firms took part. It is Wellhub's first venture round on record.
$8.8M
Amount raised
$29M
Post-money valuation
3
Investors
no lead named
30%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Wellhub at $29M after the new money. The $8.8M bought investors about 30% of the company. It is Wellhub's first venture round on record, 3 years after it was founded in 2012. It is 1.8% of the $482M Wellhub has raised in the venture rounds on record. Wellhub raised again 13 months later: a Series B round of $14M in Jun 2016, at $91M post-money.
Wellhub's funding rounds
Wellhub has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- Atomico backs 123 venture-backed companies new investor
- backs 21 venture-backed companies new investor
- backs 74 venture-backed companies new investor
Comparable rounds
How it compares
386 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.3M, and this round was 1.4 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 20 May 2015 | $18M | not disclosed | Accel |
| Tech Companies | 21 May 2015 | $10M | not disclosed | Verdane |
| Pipedrive Tech Companies | 14 May 2015 | $9.0M | not disclosed | Bessemer Venture Partners |
| Tech Companies | 19 May 2015 | $6.5M | not disclosed | Octopus Investments |
| Tech Companies | 18 May 2015 | $5.0M | not disclosed | Bonnier Growth Media |
| Tech Companies | 20 May 2015 | $5.0M | not disclosed | Industrifonden and Briban Invest |
| Tech Companies | 1 May 2015 | $4.2M | not disclosed | Grotech Ventures and Route 66 Ventures |
| Tech Companies | 12 May 2015 | $3.0M | not disclosed | Juno Capital |
Questions
Frequently asked
How much did Wellhub raise in its Series A round?
Wellhub raised $8.8M in its Series A round, announced in May 2015.
Which investors took part in Wellhub's Series A round?
Atomico, Redpoint eventures and Valor Capital Group.
What was Wellhub's valuation at the Series A round?
$29M post-money.
How does it compare with other Series A rounds in Tech Companies?
386 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.3M, and this round was 1.4 times the median.
Did Wellhub raise again after this round?
Yes: a Series B round in Jun 2016 of $14M at $91M post-money.